2-bedroom bungalow · PE15 0HJ
Sold STCListed 249 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Coming to the open market for the first time, this two-bedroom semi-detached bungalow is situated in the sought-after village of Manea.
Offering comfortable living all on one level, the property provides an excellent opportunity for buyers looking to put their own stamp on a home, as it would benefit from cosmetic updating throughout.
Externally, there is a parking space and a manageable garden, making this a great option for those seeking a peaceful village lifestyle with convenience close at hand.
Entrance Hall "L" Double glazed obscured window and door to side, radiator, built in storage cupboard, access to loft hatch.
Living Room 5.08m (16'8") x 3.81m (12'6") Double glazed window to front, two radiators, coving to ceiling, partly built brick mantle along one wall.
Kitchen 4.37m (14'4") x 2.89m (9'6") Double glazed window to side, glazed door to utility, oil fired boiler, two built in pantrys, built in airing cupboard housing the hot water tank, radiator, wall and base units with worktop over with single bowl and drainer with mixer tap, space for electric cooker, electric extractor fan and space for fridge freezer.
Utility 3.65m (12') x 1.81m (5'11") Partly double glazed obscured door to side, double glazed window to side, plumbing for washing machine, space for tumble dryer, space for fridge freezer, base units with worktop over.
Bedroom 1 3.52m (11'7") x 3.27m (10'9") Double glazed window to front, radiator, electric consumer unit and coving to the ceiling.
Bedroom 2 3.89m (12'9") x 2.61m (8'7") Double glazed window to rear, radiator and coving to the ceiling.
Bathroom 2.07m (6'9") x 1.52m (5') Double glazed obscured window to side, low level WC, pedestal wash hand basin, panelled bath with electric shower over, radiator and fully tiled.
OUTSIDE The front is mainly laid to lawn with a pathway to side and flower beds.
At the rear of the property there is a partly slabbed patio area, mainly laid to lawn, enclosed by Conifer trees, shed to remain, two outside storage sheds, oil tank, outside tap, gate which leads to a parking area.
Tenure Freehold Council Tax Band A Energy rating D Buyer ID Checks To meet legal requirements, we must verify the identity of all buyers.
Our partner, Simplify, will handle this process and will contact you directly once your offer is accepted, subject to contract, to collect the necessary details and payment.
The cost is £40 plus VAT per transaction (£48 inc VAT), payable upon offer acceptance. A memorandum of sale can only be issued once these checks are complete.
Our team will guide you through the process when you make an offer on a property.
Disclaimer All property details, photographs, floorplans, and other marketing materials produced by Ellis Winters are for general guidance only and do not form part of any contract.
While we strive for accuracy, measurements, descriptions, and other information are provided in good faith but should be independently verified.
We recommend that prospective buyers conduct their own due diligence before making any decisions.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs

FAQ
About Rutland Way, Manea
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